Lincoln & Herndon
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07-14-2014, 06:41 PM
Post: #98
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RE: Lincoln & Herndon
(07-14-2014 08:42 AM)Eva Elisabeth Wrote: What might the ring (such a ring) have cost in those days? (Your estimates?) I finally found a chart that gives the price of one ounce of gold through the 1800s to 2010. In 1840, one ounce was worth $21. How many ounces would it take to make a lady's ring? $21 stayed pretty much steady until 1865 when it went up to $30 and then back down to $21 and steady again until 1935, when it rose to $35 and kept on going up. In 2010, the last year given, one ounce was $1410. The U.S. seems to set the gold standard. I also found reference to Queen Victoria having one of the first Victorian engagement rings. It sounds dreadful - a serpent with an emerald eye. The serpent represents wisdom and eternity, and the emerald was Victoria's birthstone. It was not until the late-1800s that diamond engagement rings became popular. If a woman received a ring, it was usually her birthstone. BTW: Victoria and Albert were married in 1840, just two years ahead of Abraham and Mary -- and the same year as John and Mary Surratt. The serpent engagement ring reminded me of my daughter's fiance who had every intention of designing a ring for her with two porpoise heads attached by a single diamond. She did manage to talk him out of that. |
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